Economic growth in Hong Kong, though modest, has exceeded expectations so far in 2016 driven by strength in domestic demand, with consumer spending, investment and imports all picking up, and… Read More>>
Gaw Buys Aussie Office Block for Student Housing Project
Gaw Capital has agreed to acquire a 20,000 square metre office property in Perth, Australia for conversion into a 500 bed student housing facility, according to an announcement this week by the Hong Kong-based real estate private equity firm.
While… Read More>>
Ralph Lauren Closes HK Flagship Store in Luxury Letdown and More Asia Real Estate Headlines
Ralph Lauren may be an American legend, but his Hong Kong flagship store will soon be a local memory as the US fashion brand adapts to the city’s struggling luxury market. Also in the news today, Savills Investment Management disposes… Read More>>
HNA Parent Co Pledges Shares for Loan After $15B Deal Spree
After a 2016 run of more than $15 billion in acquisitions the Hong Kong-listed wing of China’s HNA Group may have hit a financial speed bump.
HNA Holding Group notified the Hong Kong stock exchange on Monday that its controlling… Read More>>
Greenland London Project Sells £260M in First Five Weeks and More Asia Real Estate Headlines
Asia’s real estate giants were busy on Monday, with China’s Greenland Group announcing strong sales in London, the mainland government clamping down on “innovative financing” for corporate takeovers, and ARA Asset Management getting an important thumbs up for its privatisation… Read More>>
Google and NASA Team Up to Bring You 30 Years of Chinese Development in 30 Seconds
China’s development over the past 30 years has been one of the world’s biggest success stories, but has also been a series of changes that have been hard to appreciate if you haven’t live through it.
While there’s no time… Read More>>
WeWork Opens 2nd Hong Kong Location in Wanchai
WeWork has opened its second Hong Kong facility in the city’s Wanchai district – the fourth Asian centre opened by the US co-working unicorn in less than six months.
The new centre at 33 Lockhart Road occupies seven floors in… Read More>>
Asia Real Estate People in the News 2016-12-05
The air has turned cooler as we head into the holiday season here in Asia, but the job market is staying as hot as usual. This week a Singapore-listed REIT announces as new deputy CEO, a warehouse veteran joins a… Read More>>
Carrie Lam Hypes Public Sector Role in Success of HK’s Kowloon East
More than $2.2 billion in commercial properties have changed hands in Hong Kong’s Kowloon East in the past year, and the city’s penultimate leader was quick to point out the government’s role in creating favourable conditions for this real estate… Read More>>
GLP Hires JP Morgan for Possible $6B Sale Following Reports of CIC Buyout
China’s sliding currency just could be creating a $6 billion opportunity for the owners of warehouse giant Global Logistic Properties.
The Singapore-based logistics developer announced to the Singapore stock exchange late Thursday that it has retained investment bank JP Morgan… Read More>>
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